Australian Unemployment Rate (Dec) 4.1% vs. Exp. 4.4% (Prev. 4.3%)
The Australian unemployment rate for December came in at 4.1%, beating expectations of 4.4% and slightly up from the previous 4.3%.
Paramount Skydance (PKSY) is reportedly extending the January 21st deadline for shareholders of Warner Bros (WBD) to accept the offer, but is not raising the USD 30/shr price, NYT reports citing sources
US House GOP leaders are struggling to strike a deal with Republican hard-liners tonight that would allow the final government funding package to advance, Politico reports
Australian Unemployment Rate (Dec) 4.1% vs. Exp. 4.4% (Prev. 4.3%)
The proposal by NATO's Rutte does not include the transfer of overall sovereignty, Axios reports citing sources; the plan includes the increase of security in Greenland and NATO activity in the Arctic
PBoC is expected to set USD/CNY mid-point at 6.9697 (prev. 7.0014)
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This drop suggests a tightening labor market, which may influence the RBA's considerations on monetary policy, potentially tilting the balance toward maintaining or even tightening interest rates in the near term. Overall, this data point strengthens the outlook for the Australian economy and could support the AUD against its peers.
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